ECCOM cooperates with renowned domestic vendors to offer finance leasing service to customers. It is a series of excellent network equipment financing tools, which enables the customers to make down payment for new technologies so as to better manage cash flow and retain capital budget. The following financing structures are offered:
Financing Lease: it belongs to capital lease from which customers can obtain some advantages of both lease and ownership. At the termination of lease contract, customers are entitled to the right of purchase the equipment at a fixed nominal price. Customers choose this financing method out of the consideration of taxation and accounting. It is assumed that customers are entitled the ownership of the equipment from the first day of the lease. Though this method can't eliminate the risk of outdated technology, yet it is a tool for the customers to improve cash flow or budget management.
Operational Lease: it is designed for enterprises that hope to adopt latest technologies while unwilling to bear risks or financial burdens. The agreed remaining value shall be deducted from network solution costs so as to reduce monthly payment amount and total costs. At the termination of lease contract, customers can return the equipment or totally or partially upgrade new technologies. Of course, customers can choose to extend the lease term or purchase the equipment at a fair market value. It transfers the risk of outdated technology; moreover, it helps enterprises to reduce the burden of discarding broken equipment upon termination of the equipment usage term.
Re-lease after Sales: it purchases network equipment from the enterprises and re-leases it to the enterprises, which is suitable to customers who have to purchase assets first and re-lease them due to taxation or other reasons. Enterprises can improve asset balance management and cash flow or help the enterprises to outsource network management to telecommunications service provider or professional outsourcing companies.
Technical Upgrading: it helps the enterprises to avoid the problem of additional technical upgrading, which is a major issue of concern to CIO. Before termination of lease contract, enterprises can upgrade to the new technology. It is suitable to enterprises that frequently need partial or total upgrading and hope to adopt new technologies in a flexible and timely way.